Graham Stephan discusses insider trading on Kalshi, a prediction market platform. He highlights instances where traders made highly improbable successful bets right before significant events, questioning the chances of such accuracy without insider information. The discussion touches on the regulatory differences between stocks (SEC) and prediction markets (CFTC), and the high bar for convicting insider trading in the latter.
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Is Insider Trading Happening On Kalshi?
Mar 13, 2026
Graham Stephan discusses insider trading on Kalshi, a prediction market platform. He highlights instances where traders made highly improbable successful bets right before significant events, questioning the chances of such accuracy without insider information. The discussion touches on the regulatory differences between stocks (SEC) and prediction markets (CFTC), and the high bar for convicting insider trading in the latter.
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